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Dec 10, 2012
12/12
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and a leading democrat embraced a way to cut medicare costs. it is called means testing meaning those who make more would have to pay more for medicare. >> those with higher income and retirement could pay more. >> it is a two-man negotiation with the speaker feeling the heat from his right. "saturday night live" suggested republicans are bullying baner even in the cafeteria. >> he didn't even have any milk to drink. >> he has thrown it in the garbage. >> did they make any progress? both sides are tight lipped. the speaker's house and the white house released the exact same statement word for word. they are both being very quiet. david curly, abc news, the white house. >> the federal government is already planning for the possibility of cuts. the white house has ordered the military to plan on slashing $500 billion from the budget over the next 10 years. federal funding for schools would be cut 8.2%ment some ideas incle considered include eliminating the tax deduction for charitable contributions and not allowing the homeowners to write off mor
and a leading democrat embraced a way to cut medicare costs. it is called means testing meaning those who make more would have to pay more for medicare. >> those with higher income and retirement could pay more. >> it is a two-man negotiation with the speaker feeling the heat from his right. "saturday night live" suggested republicans are bullying baner even in the cafeteria. >> he didn't even have any milk to drink. >> he has thrown it in the garbage. >>...
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Dec 10, 2012
12/12
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KGO
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and a leading democrat embraced a way to cut medicare costs. it is called means testing meaning those who make more would have to pay more for medicare. >> those with higher income and retirement could pay more. >> it is a two-man negotiation with the speaker feeling the heat from his right. "saturday night live" suggested republicans are bullying baner even in the cafeteria. >> he didn't even have any milk to drink. >> he has thrown it in the garbage. >> did they make any progress? both sides are tight lipped. the speaker's house and the white house released the exact same statement word for word. they are both being very quiet. david curly, abc news, the white house. >> the federal government is already planning for the possibility of cuts. the white house has ordered the military to plan on slashing $500 billion from the budget over the next 10 years. federal funding for schools would be cut 8.2%ment some ideas to be considered include eliminating the tax deduction for charitable contributions and not allowing the homeowners to write off mor
and a leading democrat embraced a way to cut medicare costs. it is called means testing meaning those who make more would have to pay more for medicare. >> those with higher income and retirement could pay more. >> it is a two-man negotiation with the speaker feeling the heat from his right. "saturday night live" suggested republicans are bullying baner even in the cafeteria. >> he didn't even have any milk to drink. >> he has thrown it in the garbage. >>...
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the president offering 600 billion dollars in cuts to medicare and other programs. the speaker says that is not enough. he hasn't outlined what he thinks should be cut. if they can't avoid the fiscal cliff, january 1st, nearly every american will pay more income tax between $2,000 to $2400 for the average family, 2% cut in payroll taxes will disappear, 500 billion dollars in automatic spending cuts in effect, half at the pentagon the other half from educating, transportation, food safety and research. economists fear if washington can strike a deal the economy will fall back into recession and employment will shoot up. tahman bradley, abc news, washington. >>> sarah palin stepped out on the red carpet -- nancy pelosi stepped out on the red carpet for a night of glamour she strolled before photographers at last night's kennedy center honors she talked about efforts to resolve the impasse. >> this is not a night of politics and policy, but since you asked, yes we think it would be a wonderful christmas gift to the american people for the middle class to have a tax cut
the president offering 600 billion dollars in cuts to medicare and other programs. the speaker says that is not enough. he hasn't outlined what he thinks should be cut. if they can't avoid the fiscal cliff, january 1st, nearly every american will pay more income tax between $2,000 to $2400 for the average family, 2% cut in payroll taxes will disappear, 500 billion dollars in automatic spending cuts in effect, half at the pentagon the other half from educating, transportation, food safety and...
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Dec 4, 2012
12/12
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KPIX
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cuts in social security and medicare. republicans respond to the president's budget proposal. >> plus iran claims it captured a u.s. drone. how the u.s. navy is responding and the potential security implications. >> reporter: we're live in san francisco where all muni lines are back up and running. last night a power outage caused a meltdown and a couple of other problems. we'll tell you more coming up. ,,,,,,,,,,,,,, causes a blown transformer.. stranding passengers. how te transit agency is recovering this morning. >> your realtime captioner: linda marie macdonald. >>> muni mess. storm damage causes a blown transformer stranding passengers. how the transit agency is recovering this
cuts in social security and medicare. republicans respond to the president's budget proposal. >> plus iran claims it captured a u.s. drone. how the u.s. navy is responding and the potential security implications. >> reporter: we're live in san francisco where all muni lines are back up and running. last night a power outage caused a meltdown and a couple of other problems. we'll tell you more coming up. ,,,,,,,,,,,,,, causes a blown transformer.. stranding passengers. how te transit...
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Dec 3, 2012
12/12
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KRON
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health care laws attempt to close the door on the whole or the prescription drug expenses that can wants medicare runs out. the budget office announced an added benefit. cheaper drugs means more people taking their medication and reducing long-term medical costs. >> schools for thousands of public school students is about to get longer. five states will announce today their adding at least 300 hours of learning time to some schools starting next year. we're talking about paul rafeal, connecticut, massachusetts, new york and tennessee all taking part in this initiative. the goal is to improve student achievement and make u.s. schools more competitive on the global level. the program will affect 20,000 students a mix of federal state and district funds will go in to cover the cost of expanding the school year. >> and study shows many people eligible for unemployment do not collect their benefits. the study by the st. louis federal reserve bank shows only half of those who qualify for benefits applied between 2008 and 2009. the filing for benefits shot up to 95% in 2010 and 2011. that means about 20
health care laws attempt to close the door on the whole or the prescription drug expenses that can wants medicare runs out. the budget office announced an added benefit. cheaper drugs means more people taking their medication and reducing long-term medical costs. >> schools for thousands of public school students is about to get longer. five states will announce today their adding at least 300 hours of learning time to some schools starting next year. we're talking about paul rafeal,...
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Dec 5, 2012
12/12
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KRON
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there is not enough time to make a comprehensive deal including tax reform and fixing medicare. he wants congress to do a downpayment toward freezing tax regs for the wealthy and putting off a hard work until the beginning of the new year. however, he has to win over the republicans to make that happen. president obama hit with some tough questions surrounding the fiscal cliff negotiations. and it all surrounds talks boener... or lack there of! news. >> the president and lawmakers have only 28 days now.. to make some kind of deal before the country hits the so-called fiscal cliff. president obama says, there isn't enough time to do a comprehensive deal including tax reform and fixing medicare. so he wants congress to do a down payment by raising tax rates for the wealthy "now"... and putting off the hard work until next year. but, as jessica yellin reports, he has to win over the republicans to make that happen. what does president obama think of speaker boehner's proposal to avert the fiscal cliff? >> "unfortunately, the speaker's proposal right now is still out of balance he t
there is not enough time to make a comprehensive deal including tax reform and fixing medicare. he wants congress to do a downpayment toward freezing tax regs for the wealthy and putting off a hard work until the beginning of the new year. however, he has to win over the republicans to make that happen. president obama hit with some tough questions surrounding the fiscal cliff negotiations. and it all surrounds talks boener... or lack there of! news. >> the president and lawmakers have...